Fairfax

Odyssey Group Announces Executive Leadership Changes

Retrieved on: 
Tuesday, February 21, 2023

Odyssey Group Holdings, Inc. (Odyssey Group) today announced leadership changes for its global reinsurance business and London Market Division.

Key Points: 
  • Odyssey Group Holdings, Inc. (Odyssey Group) today announced leadership changes for its global reinsurance business and London Market Division.
  • These moves coincide with Brian Young accepting a new management oversight role at Fairfax Financial Holdings Limited, which will be in addition to his current responsibilities as president & CEO of Odyssey Group.
  • Mr. Overy has served at Odyssey Group for more than twenty years.
  • Robert Pollock will succeed Mr. Overy as CEO of Odyssey Group’s London Market Division, which encompasses both the London branch of Odyssey Reinsurance Company and Newline Group, the international insurance arm of Odyssey Group.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations:) Oyster Point Pharma, Inc. (Nasdaq - OYST), Benefitfocus, Inc. (Nasdaq - BNFT), Abiomed, Inc. (Nasdaq - ABMD), Atlas Corp. (NYSE - ATCO)

Retrieved on: 
Tuesday, November 8, 2022

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Oyster Point will be acquired by Viatris Inc. (Nasdaq - VTRS).
  • Under the terms of the agreement, Benefitfocus will be acquired by Voya Financial, Inc. (Voya) (NYSE - VOYA).
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

Fairfax Announces Successful Completion of Sale of Global Pet Insurance Operations to Independence Pet Group

Retrieved on: 
Monday, October 31, 2022

TORONTO, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (Fairfax) (TSX: FFH and FFH.U) announces the successful completion of the previously announced sale of all of its interests in the Crum & Forster Pet Insurance Group and Pethealth Inc. to Independence Pet Group and certain of its affiliates, which are majority owned by JAB Holding Company, for a purchase price of US$1.4 billion in the form of US$1.15 billion cash and US$250 million in seller notes.

Key Points: 
  • TORONTO, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (Fairfax) (TSX: FFH and FFH.U) announces the successful completion of the previously announced sale of all of its interests in the Crum & Forster Pet Insurance Group and Pethealth Inc. to Independence Pet Group and certain of its affiliates, which are majority owned by JAB Holding Company, for a purchase price of US$1.4 billion in the form of US$1.15 billion cash and US$250 million in seller notes.
  • Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

ATLAS CORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Atlas Corp. - ATCO

Retrieved on: 
Tuesday, November 1, 2022

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Atlas Corp. (NYSE: ATCO) to affiliates of Fairfax Financial Holdings Limited, David Sokol, Chairman of the Board of Atlas, and others.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Atlas Corp. (NYSE: ATCO) to affiliates of Fairfax Financial Holdings Limited, David Sokol, Chairman of the Board of Atlas, and others.
  • Under the terms of the proposed transaction, shareholders of Atlas will receive only $15.50 in cash for each share of Atlas that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Independence Pet Group Completes Acquisition of Pet Insurance Operations of Fairfax Financial

Retrieved on: 
Monday, October 31, 2022

Today, IPG operates through some of the most respected pet insurance brands, including AKC Pet Insurance, Figo Pet Insurance and PetPartners.

Key Points: 
  • Today, IPG operates through some of the most respected pet insurance brands, including AKC Pet Insurance, Figo Pet Insurance and PetPartners.
  • With the completion of the Fairfax Financial acquisition, IPG now operates a platform supporting insurance for more than 600,000 pets, including those pets insured through C&F Pet or their affiliates, comprising ASPCA Pet Health Insurance, 24Petprotect, Hartville Pet Insurance, Spot Pet Insurance, Pumpkin Insurance Services and Pets Plus Us in Canada.
  • Its subsidiary, PetPartners, Inc., distributes and administers IAIC policies through world-class pet insurance brands AKC Pet Insurance and its group pet brand, PetPartners.
  • IPG also supports the brands Hartville Pet Insurance, Pumpkin Pet Insurance, and ASPCA Pet Health Insurance (products currently underwritten by United States Fire Insurance Company).

Accelerate Investment Conference to Showcase DMV Region’s Innovation and Business Opportunities at Fall Event

Retrieved on: 
Thursday, August 18, 2022

The conference is designed to ignite the DMV regions innovation, startup, and investor ecosystems and spur them to a new level.

Key Points: 
  • The conference is designed to ignite the DMV regions innovation, startup, and investor ecosystems and spur them to a new level.
  • The Accelerate Investor Conference will showcase Virginia, Maryland, and DC as a prime destination for business development, venture investment, and job creation.
  • "Early-to-mid-stage funds, angel investors, angel investment groups and family offices are all showing extraordinary interest in this year's Accelerate event."
  • The Accelerate Conference is an investor event and startup business competition that showcases the DMV as a powerhouse for innovation and business opportunity.

Nodal Exchange to Expand Headquarters in Fairfax County

Retrieved on: 
Thursday, June 9, 2022

Nodal Exchange was founded in Fairfax County, which we believe is an ideal location for attracting and retaining an outstanding professional team necessary for operating a derivatives exchange and clearing house, and we are thrilled to be able to continue to grow and further expand here.

Key Points: 
  • Nodal Exchange was founded in Fairfax County, which we believe is an ideal location for attracting and retaining an outstanding professional team necessary for operating a derivatives exchange and clearing house, and we are thrilled to be able to continue to grow and further expand here.
  • It is a wonderful location with a highly educated and diverse workforce, said Paul Cusenza, Chairman and CEO of Nodal Exchange and Nodal Clear.
  • All Nodal Exchange contracts are cleared by Nodal Clear, which is a CFTC (Commodity Futures Trading Commission) registered derivatives clearing organization and a wholly owned subsidiary of Nodal Exchange.
  • We are honored to have Nodal Exchange continue to call Fairfax County home, said Victor Hoskins, President and CEO of Fairfax County Economic Development Authority (FCEDA) .

Fzata Winner of Mid-Atlantic Innovation Celebration, Biotechnology

Retrieved on: 
Friday, May 20, 2022

HALETHORPE, Md., May 20, 2022 /PRNewswire/ -- Fzata, Inc., a biotech innovator, is proud to announce that it has been named the winner of the 2022 Mid-Atlantic Innovation Celebration for Biotechnology for its oral Bioengineered Probiotic Yeast Medicines(BioPYM)platform.

Key Points: 
  • HALETHORPE, Md., May 20, 2022 /PRNewswire/ -- Fzata, Inc., a biotech innovator, is proud to announce that it has been named the winner of the 2022 Mid-Atlantic Innovation Celebration for Biotechnology for its oral Bioengineered Probiotic Yeast Medicines(BioPYM)platform.
  • Innovators can be almost anything, from cutting-edge products that solve business needs to creative shifts that improve employee morale.
  • Fzata is a near-clinical stage platform biopharmaceutical company in the BioHealth Capital Region.
  • Fzata is now raising $10M to support the inflammatory bowel disease (IBD) BioPYM program throughphase 1 clinical trial.

FAZE CLAN EXPANDS INTO GAMING PRODUCTS WITH RENOWNED ELECTRONICS BRAND DUCKY

Retrieved on: 
Monday, May 9, 2022

LOS ANGELES, May 9, 2022 /PRNewswire/ -- Today, FaZe Clan, Inc. ("FaZe Clan"), the lifestyle and media platform rooted in gaming and youth culture, announced a collaboration with Ducky, a leading manufacturer in professional mechanical keyboards and high quality PBT material keycaps. This collaboration signifies FaZe Clan's expansion into gaming products and electronics with its first FaZe-branded keyboard, giving FaZe and Ducky fans a tech experience that can only be achieved through a convergence of these industry leaders.

Key Points: 
  • Additionally, the FaZe Clan x Ducky collaboration will be available for sale online on May 15th at 12pm PT at The FaZe Shop .
  • The two well-known gaming brands link up to presentthe FaZe Clan x Ducky One 3 Mini, a mechanical keyboard designed to perform during your most intense moments.
  • The FaZe Clan x Ducky One 3 Mini comes with a detachable USB Type-C cable, switch/ keycap puller and exclusive FaZe Clan logo "F" key and spacebar.
  • "We are extremely excited to partner with Ducky to release our first official FaZe Clan keyboard," says Derek Chestnut, FaZe Clan's VP of Consumer Products.

Fairfax EggBank Expands Scientific Team Under New Leadership

Retrieved on: 
Wednesday, January 5, 2022

FAIRFAX, Va., Jan. 5, 2022 /PRNewswire-PRWeb/ --Fairfax EggBank announced that it is expanding its Scientific Team to support the company's overall growth and development.

Key Points: 
  • FAIRFAX, Va., Jan. 5, 2022 /PRNewswire-PRWeb/ --Fairfax EggBank announced that it is expanding its Scientific Team to support the company's overall growth and development.
  • In this role, Pilshchikova will be the primary contact for Fairfax EggBank IVF distribution clinic partners.
  • Fairfax EggBank is actively recruiting embryologists to join the growing Scientific Team that includes leaders with extensive clinical, laboratory, and academic experience.
  • Fairfax EggBank benefits from our in-house experts with over 30 years of experience in safe and successful reproductive tissue banking.